In preparing the final accounts of a company it is found that the amount of Sundry Debtors, Rs. 4,20,000, includes Rs. 40,000 worth of goods sent out on approval and debited to Customer's Accounts, in respect of which the time for returning the goods had not yet expired. These goods had been invoiced at 33% above cost. Show the journal entries to be passed in preparing the final accounts and also state the adjustments to be made in the final accounts